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Zhang Industries is preparing a cash budget for June. The company has $26.500 cash at the beginning of June and anticipates $92.000 in cash receipts

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Zhang Industries is preparing a cash budget for June. The company has $26.500 cash at the beginning of June and anticipates $92.000 in cash receipts and $115.040 in cash disbursements during June. The company has no loans outstanding on June 1. Compute the amount the company must borrow, if any, to maintain a $20.000 cash balance. Multiple Choice $16.540. $17.540. $23.460. $10,040. $23.040. The sales budget for Modesto Corp. shows that 15.000 units of Product A and 17.000 units of Product B are going to be sold for prices of $10 and $12, respectively. The desired ending inventory of Product A is 25% higher than its beginning inventory of 3.600 units. The beginning inventory of Product B is 4,100 units. The desired ending inventory of B is 4.600 units. Total budgeted sales of both products for the year would be: Multiple Choice 0 $32000 0 $354.000. 0 $150,000. 0 $409.200. O $204.000. Bengal Co. provides the following sales forecast for the next three months: July 10,500 August September 11,200 6,150 Sales units The company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. Finished goods inventory on June 30 is 2.100 units. The budgeted production units for August are: Multiple Choice O 2,430 units. O 9,830 units. O 13.300 units. O 10,190 units. O 9,970 units

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